With these regulations, I think landlords would have to try to adapt and see how this can be a plus for them. 

If OP elects de minimis safe harbor ("DMSH"), he's going to have to capitalize as the expenditure is going to be more than $2,500.If OP forgoes the DMSH and instead applies the Betterment, Adaptation, and Restoration tests ("BAR tests") under the tangible property regs, we'd almost certainly have a betterment and/or restoration of the HVAC subsystem on our hands, so we'd also capitalize under this option.OP may be able to use the safe harbor for small taxpayers ("SHST") to expense the costs, however not enough information was given by OP.If SHST is off the table due to limitation, then must capitalize. 

I will just find a way, just as I find a way to shift my business to adapt to market changes.

Cities and towns may vote to adopt a higher tax credit of up to $2,000.A permanently and totally disabled veteran who is blind, paraplegic or a double amputee as a result of service and who owns a specially adapted home acquired with the assistance of the VA, or with proceeds from the sale of any previous homestead acquired with the assistance of the VA, is exempt from all property tax on the home.

There are a few title companies that have investor divisions and are a little more adapted to working with clients out of state here in Columbus.

Yet in many ways our economy has held up better than expected as individuals and companies adapted to the crisis better than they did earlier in the year.

I know that things are forever changing in the RE market so I wanted to ensure my plans are flexible and easily to adapt to.As a side note, I spend most of my time in the Marine Corps out in Pendleton, I saw San Diego as your location so I'm very jealous!

For myself I am not renewing leases, I have found its possible and easier to evict if they are on an expired lease, so preparing for future changes we can adapt accordingly.

Stocks allow me to liquidate today and I can have 100k by tonight in my account - it gives me that flexibility - but of course every one has diff goals and perspectives - my goal is to adapt and embrace anything which would create wealth for me.

And the best way I've found to marry returns with impact in San Diego is through development - creating additional housing whether through land development, new apartment construction, adaptive reuse of buildings, or expanding existing buildings.